Indian rupee strengthened against US dollar in early deals on Friday after the greenback weakened overseas after Greece submitted a fresh bailout plan. Further, fresh selling of the US dollar by exporters and a higher opening in the domestic equity market too supported the rupee.
The partially convertible currency is currently trading at 63.37, stronger by 2 paise from its previous close of 63.39 on Thursday. The currency touched a high and low of 63.4125 and 63.3250 respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 63.50 and for Euro stood at 70.49 on July 9, 2015. While, the RBI’s reference rate for the Yen stood at 52.30, the reference rate for the Great Britain Pound (GBP) stood at 97.85. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
Date | 1US$ | 1GBP |
July 09, 2015 | 63.5065 | 97.8508 |
July 08, 2015 | 63.5690 | 98.2205 |
(RBI-Reference Rate)